Pricing for Nigeria

Simple, fair pricing

Payefy only makes money when you do. No hidden fees, no complex tiers.

Standard Funding

1.5% + NGN 100

  • NGN 100 fee waived for transactions under NGN 2,500.
  • Statutory stamp duties apply for amounts over NGN 10,000.

Virtual Account Funding

1.0% Flat

  • Fund directly via dedicated virtual accounts at a lower rate.
  • NGN 100 one-time fee applies for virtual account creation.

Withdrawals

Merchants (General)
1.6% (capped at NGN 1,000)
Excos & Biller Accounts
5.0% (capped at NGN 2,000)

Student Transfers & Collections

Biller Passed Charge (Student pays)
5.0% (capped at NGN 1,500)
Transfers of NGN 5,000 and below
NGN 10 per transfer
Transfers between NGN 5,001 and NGN 50,000
NGN 25 per transfer
Transfers above NGN 50,000
NGN 50 per transfer

Do the math

See exactly how much it costs to use Payefy. Enter an amount into the calculator to see standard funding charges.

If a student pays

NGN

We'll settle you

NGN 0.00

Payefy Fees

NGN 0.00

  • Free, automatic settlement
  • Capped excos withdrawals
  • No hidden maintenance fees

What do you get for this price?

Payefy is a complete financial and administrative solution built strictly for the modern campus.

Unmatched Transparency & Organization

No complex calculators or hidden ledger deductions. We offer a unified dashboard where every single naira paid by students is accounted for instantly.

  • Instant ledgers
  • Auto-reconciliation
  • Live balances
  • Exportable reports
Dashboard
Receipts

Immutable Digital Receipts

Protect your faculty from forgery. Our systems generate instant, verifiable digital receipts for every payment, preventing fraud and saving executives massive administrative headaches during clearance.

Smart Customer Support

Questions about a payment? We are always online. Get immediate assistance via our 24/7 AI chatbot integration, fast WhatsApp resolution, or dedicated email support for faculty executives.

Contact Support
AI Support